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KADANT INC — Director's Dealing 2023
Mar 10, 2023
31258_dirs_2023-03-10_ecb7224c-0628-4fa0-a687-1f4441aaf4b7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KADANT INC (KAI)
CIK: 0000886346
Period of Report: 2023-03-10
Reporting Person: Mitchell Dara F (Senior VP, Corp. Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-10 | Common Stock | M | 556 | — | Acquired | 2381 | Direct |
| 2023-03-10 | Common Stock | F | 164 | $213.64 | Disposed | 2217 | Direct |
| 2023-03-10 | Common Stock | M | 146 | — | Acquired | 2363 | Direct |
| 2023-03-10 | Common Stock | F | 43 | $213.64 | Disposed | 2320 | Direct |
| 2023-03-10 | Common Stock | M | 557 | — | Acquired | 2877 | Direct |
| 2023-03-10 | Common Stock | F | 164 | $213.64 | Disposed | 2713 | Direct |
| 2023-03-10 | Common Stock | M | 93 | — | Acquired | 2806 | Direct |
| 2023-03-10 | Common Stock | F | 28 | $213.64 | Disposed | 2778 | Direct |
| 2023-03-10 | Common Stock | M | 398 | — | Acquired | 3176 | Direct |
| 2023-03-10 | Common Stock | F | 117 | $213.64 | Disposed | 3059 | Direct |
| 2023-03-10 | Common Stock | M | 88 | — | Acquired | 3147 | Direct |
| 2023-03-10 | Common Stock | F | 26 | $213.64 | Disposed | 3121 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 556 | Disposed | 2023-04-30 | Common Stock (556.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 146 | Disposed | 2023-04-30 | Common Stock (146.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 557 | Disposed | 2024-04-30 | Common Stock (557.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 93 | Disposed | 2024-04-30 | Common Stock (93.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 398 | Disposed | 2025-04-30 | Common Stock (398.0) | Direct |
| 2023-03-10 | Restricted Stock Unit | $0.0 | M | 88 | Disposed | 2025-04-30 | Common Stock (88.0) | Direct |
Footnotes
F1: The shares represent the partial settlement under a performance-based RSU award granted March 2, 2020. One-third of the RSU vested and became distributable on March 10, 2023 and was converted to common stock on a one-for-one basis on the vesting date.
F2: The shares represent the partial settlement under a time-based RSU award granted March 2, 2020. One-third of the RSU vested and became distributable on March 10, 2023 and was converted to common stock on a one-for-one basis on the vesting date.
F3: The shares represent the partial settlement under a performance-based RSU award granted March 9, 2021. One-third of the RSU vested and became distributable on March 10, 2023 and was converted to common stock on a one-for-one basis on the vesting date.
F4: The shares represent the partial settlement under a time-based RSU award granted March 9, 2021. One-third of the RSU vested and became distributable on March 10, 2023 and was converted to common stock on a one-for-one basis on the vesting date.
F5: The shares represent the partial settlement under a performance-based RSU award granted March 8, 2022. One-third of the RSU vested and became distributable on March 10, 2023 and was converted to common stock on a one-for-one basis on the vesting date.
F6: The shares represent the partial settlement under a time-based RSU award granted March 8, 2022. One-third of the RSU vested and became distributable on March 10, 2023 and was converted to common stock on a one-for-one basis on the vesting date.